Housing costs in River Edge?
A typical home costs
$638,600, which is 88.9% more expensive than the national average of
$338,100 and 47.8% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in River Edge costs
$2,120 per month, which is 48.3% more than the national average of
$1,430 and 19.3% more than the state average of
$1,710.
Can I afford River Edge?
To live comfortably in River Edge, New Jersey, a minimum annual income of
$122,400 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about River Edge?
The cost of living in River Edge, NJ is relatively high compared to other cities in the United States. According to BestPlaces's Cost of Living Index, the overall cost index for River Edge is 92.3, which is 16% higher than the national average. Rent prices are particularly expensive in River Edge with an average one bedroom apartment costing approximately $1,800 per month and a three bedroom apartment about $2,600 per month. Groceries, transportation costs and entertainment expenses are also above average. However, if you are looking for a safe and secure neighborhood close to New York City then River Edge can be a great option for you.